Demonstrating the importance of timing in property investment, a Gold Coast condo seller has won substantial damages for...
COVID legal issues explored in Valley nightclub sale contest; consent of lessor’s mortgagee a must for assignment
On 26 February – as the coronavirus panic was emerging worldwide – a contract was inked for the $550k sale of the upscale Palace Lounge in the heart of Brisbane’s
Developer calls no evidence of unit’s value; court grants specific performance to avoid damages price drop signal
An off-the-plan purchase of a Canberra unit signed up in August 2016 was to be settled 14 days after the developer gave notice that the community title plan had been registered.
That notice was given in early December
Buyer crashes contract for late delivery of certificate: when is a ‘day’ a day and not 24 hours?
Even the most seasoned sales agents and lawyers can come unstuck when it comes to the calculation of periods of time for the performance of time critical
EFT trust account transfer hacked; court upholds contract termination due to non-payment of deposit
A contract signed up for the residence in Sydney’s Botany Bay on February 1 2020 required full payment of the deposit within 12 days. At the agent’s suggestion, buyer
Buyer misled by subdivision “sold” prices, wins $2.6 mil comp for sale above market value
In September 2007 Derek Eckford and wife Gale were enticed by a sign advertising the sale of undeveloped lots in
Are Rent to Buy deals dead? Owners must repay buyer’s improvement costs and excessive deposit
The marketeer guaranteed to cover the owners’ mortgage payments and other outgoings in exchange for a long-term option to
Contract crashed on incomplete DA works, seller saved by interim occupancy certificate
It is not uncommon for residential sales contracts to require the seller to complete specified works or obtain a local authority
Anatomy of a subdivision: Developer’s role reversal forces profit payment from lender
A seasoned civil works contractor keen to develop a major Lockyer Valley subdivision enlisted the support of an enthusiastic private lender.